Global TradFi & Macroeconomics

According to Smart Finance App, Chongqing Machinery and Electric (02722) signed a stock transfer agreement on October 12 to sell 51% equity stake in subsidiary Chongqing Carfu Automotive Braking and Steering Systems to Silian Group (a wholly-owned subsidiary of the company's controlling

According to Amundi, gold exchange-traded products (ETPs) and exchange-traded commodities (ETCs) recorded net inflows exceeding €10 billion in the third quarter of 2026, surpassing the full-year inflow record set in 2022.

GlobalFoundries unveiled FDX Fusion, a 7nm-class fabrication technology based on fully-depleted silicon-on-insulator (FD-SOI) and planar transistors. The new node promises more than twice the transistor density of the company's 22FDX process introduced circa 2015 and is aimed at automotive, edge

According to PR Newswire, Nasdaq-listed TROOPS Inc. (NASDAQ: TROO) announced a conditional stock purchase agreement with EFFORCE Group recently. EFFORCE was co-founded by Apple co-founder Steve Wozniak and focuses on blockchain infrastructure and sustainability. Wozniak will retain his stake in EFFO

Wells Fargo and Cantor Fitzgerald reduced their price targets on Amazon.com Inc. (AMZN) on Monday ahead of the company's third-quarter earnings report later this month. Wells Fargo lowered its target to $329 from $338 while Cantor Fitzgerald cut its target to $310 from $320, with both firms

Bitcoin and Ethereum ETFs recorded contrasting net flows according to Lookonchain's latest report. Bitcoin ETFs saw a 1-day net inflow of 127 BTC, approximately $10.49 million, while Ethereum ETFs experienced a 1-day net outflow of 25,446 ETH, totaling around $64.22 million. The divergent flows

On Monday, US Stock Market News showed the semiconductor memory sector opening with wider losses, with Micron Technology (MU.US) and SanDisk (SNDK.US) both declining more than 4%. The memory sector weakened further intraday, with SK Hynix (SKHY.US) down over 3%, and Western Digital (WDC.US) and

On Monday, Wells Fargo cut Amazon's price target to $329 from $338 while maintaining an 'Overweight' rating, ahead of the company's Q3 earnings report. The firm expects AWS growth to accelerate in Q4 and Amazon to reiterate its $220 billion 2026 capital expenditure forecast. Cantor Fitzgerald also r

According to Lookonchain, Bitcoin and Ethereum ETFs experienced diverging net flows over the past day. Bitcoin ETFs recorded a positive 1-day net inflow of 127 BTC, approximately $10.49 million, while Ethereum ETFs faced a notable 1-day net outflow of 25,446 ETH, totaling around $64.22 million.

According to Bit.com market data, Apple stock rose nearly 2% intraday on October 12, trading at $341.30 and approaching its all-time high. The company is set to host a special "Welcome Home" event on Tuesday, October 13, where it is expected to unveil new smart home products, including a new Apple

According to Reuters, Dangote Refinery's initial public offering has been extended by 10 days to allow investors from other African countries to participate, company executives and deal advisors told the news agency. Originally set to conclude this week, the IPO aims to raise up to $2.1 billion

OPEC reduced its 2026 global oil demand growth forecast by approximately 71%, from 1.4 million barrels per day to 400,000 barrels per day, OPEC Secretary General Haitham Al Ghais said on October 12 at the World Petroleum Congress in Riyadh. The downgrade reflects economic pressures and disruptions a

Evernorth Holdings (XRPN), an XRP-focused treasury company, saw its shares jump 5% at the Nasdaq stock exchange opening on Monday, according to Yahoo Finance data. The debut followed the company's announcement on Monday that it appointed Hugo Jeandesboz, former Coinbase Asset Management Co-Chief

According to Grain Management on 8 October 2026, SpaceX agreed to acquire 100 percent of Grain's nationwide 800 MHz spectrum portfolio, subject to FCC approval and customary closing conditions. Posts on X attributed a reported cash price of approximately $8 billion to The Wall Street Journal; SpaceX

According to Reuters, OPEC reduced its 2026 global oil demand growth forecast by 71% on October 12, now expecting just 400,000 barrels per day growth compared to 1.4 million bpd projected at the start of the year. The downward revision reflects weakening global consumption throughout

Hanison Construction Holdings, a subsidiary of Hanison Construction (00896), on October 12 entered into an agreement to sell its entire stake in Wisdom Mount Investments Limited to Clear Shine International Limited for HK$80 million. The target company owns Vast Media International Limited, which

According to SoSoValue data, listed companies (excluding mining firms) recorded net bitcoin purchases of $22.5 million for the week ended October 12, down 90.6% from two weeks prior. Strategy purchased 250 bitcoins at $86,194, spending approximately $22 million and bringing its total holdings to 848